In the tablet world, Apple’s iPad is pretty much the undisputed market leader. However, that doesn’t stop others from trying to enter the space with tablets of their own.

The next competetor looking to enter the ring is Google, which will reportedly unveal a new Asus-built Nexus tablet at next month’s Google I/O event in San Francisco. The tablet is reported to feature a 7″ screen, be running NVIDIA’s Tegra 3 chip and sell for $199.00 directly from Google’s Play Store.

In addition, the tablet is reported to be running Google’s new Jelly Bean OS instead of Ice Cream Sandwich. No word yet on if it will have anything other than Wifi but we can most likely expect some sort of wireless carrier partnerships will be offered, much like Apple does with AT&T and Verizon.

Whatever happens, with this new tablet announcement expected as well as announcements about new multi-vendor Nexus smartphones, Google’s I/O conference is shaping up to be quite the event. Of course, we’ll keep you updated with news as we get it.